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Top Kuwait News

  • Kuwait's new cabinet


    Kuwaiti Prime Minister Sheikh Jaber Mubarak al-Sabah, a senior member of the ruling family, formed a new cabinet on Tuesday following general elections. AFP - 14Feb 14:05GMT
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  • Kuwait forms new cabinet with change in oil, defence


    Kuwait's Emir Sheikh Sabah al-Ahmad al-Sabah named a new cabinet on Tuesday with 10 new faces, including the oil and defence ministers, and no women. AFP - 14Feb 11:38GMT
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  • S&P reports assess economic and credit impact of rising tensions in the Gulf


    Rising tension between Iran and the West is increasing political and economic risks for sovereign and corporate issuers in the Middle East and focusing attention on the key role of the Strait of Hormuz in trade for the Gulf, says Standard & Poor's Ratings Services in a series of three new reports. Press Release - 14Feb 11:22GMT
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  • Burgan Bank opens its 25th branch


    Burgan Bank has inaugurated recently its 25th branch located in Bayan, extending the bank's offer of financial services to residents of Bayan, and continued focus on client service. Press Release - 14Feb 10:43GMT
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  • IPO activity in GCC faces challenging year - Deloitte


    After a year of sluggish initial public offering, or IPO, activity, 2012 looks to be another challenging one in terms of expectations for new listings in the GCC region, accountancy firm Deloitte said. Khaleej Times - 14Feb 09:35GMT
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  • Air Arabia launches additional daily Kuwait flight


    Air Arabia today announced the expansion of Kuwait services from its Sharjah hub, further strengthening the airline's services to the country. With the launch of the additional service, Air Arabia will now operate three daily flights to the city of Kuwait. Press Release - 14Feb 09:13GMT
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  • Kuwait's Zain 2011 profit slides 73%


    Kuwaiti telecom giant Zain net profit dived 73 percent last year mainly because the 2010 profit included a huge capital gain from the sale of its African assets, a statement said Tuesday. AFP - 14Feb 08:22GMT
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  • Kuwait has backup plan if Strait of Hormuz closed


    As a member of OPEC, Kuwait has a "backup plan" in case Iran decides to close the Strait of Hormuz, the Al Arabiya TV Channel quoted Kuwait Oil Corporation General Director Farooq an-Nazki as saying on Monday. Trend News Agency - 14Feb 08:02GMT
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  • Assembly opening may be postponed to Sunday


    The procedure for the formation of a new government looks to have entered a dark tunnel due to the uncompromising and rigid stands adopted by a majority of lawmakers who are hell bent on controlling the Council of Ministers, especially the defence and interior ministries. Arab Times - 14Feb 08:01GMT
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  • Kuwait's Central Bank chief quits in protest


    The governor of the Central Bank of Kuwait, Sheikh Salem Abdulaziz Al-Sabah, said Monday he has resigned in protest against the country's steep rise in spending. Arab Times - 14Feb 08:00GMT
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Kuwaiti Bond Market - Development Bottlenecks
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The report “Kuwaiti Bond Market: Development Bottlenecks” issued by Capital Standards briefly enumerates the reasons for the anemic state of the bond market in Kuwait.



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1 National Bank of Kuwait Kuwait 16,835
2 Mobile Telecommunications Company Kuwait 13,633
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